SOURCE: Timberland Bancorp, Inc.

November 16, 2006 18:18 ET

Timberland Bancorp, Inc. Completes Stock Repurchase Program

HOQUIAM, WA -- (MARKET WIRE) -- November 16, 2006 -- Timberland Bancorp, Inc. (NASDAQ: TSBK) announced today the completion of its previously announced stock repurchase program. The Company repurchased 5% of its outstanding common shares, or 187,955 shares, at an average price of $33.33 per share.

Timberland Bancorp, Inc. is the holding company for Timberland Bank, which operates 21 full-service offices in Grays Harbor, Thurston, Pierce, King, Kitsap, and Lewis Counties of Washington State.

Contact Information

  • For further information contact:
    Michael Sand
    President & CEO
    Dean Brydon
    Chief Financial Officer
    (360) 533-4747